Price action is failing to break above a critical area which is showing bearish movement. We can see price has approached a double top level that has been rejected and impulsively pushed downward printing a possible H&S pattern within a larger corrective structure.
Looking for a short opportunity to bottom boundary around 103.00
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.